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Celsius Holdings price target raised to $65 from $50 at Maxim

Maxim raised the firm’s price target on Celsius Holdings (CELH) to $65 from $50 and keeps a Buy rating on the shares. The company’s Q2 saw revenue, gross margins, and earnings all “significantly above” consensus, with the beat likely driven primarily by Alani Nu revenue rising 88% y/y, the analyst tells investors in a research note.

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